Renowned Azuki whale and NDV co-founder Christian revealed that his floating losses on his NFT portfolio have now exceeded 1,000 ETH.
While that number may seem large, Christian doesn’t think it’s the highest in the industry. Despite the ever-decreasing reserve price, he remains adamant in his decision not to sell any Azuki or related NFTs from his collection.
The NFT community has recently experienced turmoil, raising widespread concerns about the future of the NFT era. However, Christian also acknowledged uncertainty when pondering “Is this the end of the NFT era?” Still, he insists that even in the face of adversity, he will not succumb to fear or panic.
Christian acknowledges the mistakes made and understands the emotional turmoil that ensues, emphasizing the need for resilience. He believes that communities must come together to meet challenges with greater tolerance and confidence in the projects they support. Whenever he finds himself tempted to sell out of fear, he comforts himself with the knowledge that he is one step closer to shared prosperity.
Christian ended his tweet on an upbeat note, saying, “the dawn will break,” implying that he remains hopeful despite the current market conditions. The future of NFTs may be uncertain, but he remains committed to weathering the storm and continuing to support projects he believes in.
The recent drop in NFT prices has raised concerns among investors and enthusiasts. Market volatility and rapidly changing trends have fueled unease within the NFT community. Although the NFT market has previously experienced meteoric rise, it is now facing a period of adjustment and uncertainty.
Christian’s perspective offers a glimpse into the mindset of a seasoned investor when faced with such challenges.
As a well-known figure in the Azuki community, his words carry weight and provide peace of mind to other enthusiasts. Despite floating losses, the firm refusal to sell any Azuki or related NFTs demonstrates belief in the long-term value of these digital assets.
Christian’s tweet had an impact beyond the Azuki community, resonating with the broader NFT ecosystem. It reminds us to deal with market fluctuations with a calm mind and maintain trust in the potential potential of NFT projects.